Default for Nonpayment Sample Clauses

Default for Nonpayment. Nonpayment of any amount due under this Agreement beyond ninety (90) days shall constitute a material default of this Agreement.
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Default for Nonpayment. 3.1 If Park County fails to pay the West Slope Charge within the period allowed by Denver Water’s normal collection procedures, Denver Water will send a written notice to the River District.
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Default for Nonpayment. Nonpayment of any undisputed amount due under this Agreement beyond ninety (90) days shall constitute a material default of this Agreement. In the event of a billing dispute between the District and the Licensee, District will continue to provide service under this Agreement as long as the Licensee continues to make all payments not in dispute. The Licensee shall file and Appeal as provided in the Applicable Standards – Joint Use Rules and Regulations, and the parties shall work in good faith to resolve the dispute in a timely manner.
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Default for Nonpayment. If Customer is in default for nonpayment, Customer will be deemed in material breach and Xxxxx.xx may immediately suspend all Software license keys issued or otherwise made available to Customer and suspend Services until outstanding payments are received by Xxxxx.xx and/or charge Customer interest at the lower of 1.5% per month, compounded, or the maximum amount allowed by law, as applied against the past due amounts since the initial invoice due date through the date payment is received. Moreover, Customer will be responsible to pay collection costs and expenses (including reasonable attorneys’ fees) incurred by Xxxxx.xx and such costs will immediately become due and payable to Xxxxx.xx. Further, and without limiting the foregoing, Customer may reinstate suspended Software license keys and Services by paying to Xxxxx.xx, within fourteen (14) days from the suspension commencement date (“Reinstatement Period”), a reinstatement fee of $250.00 plus all outstanding amounts due as of the suspension effective date. Customer’s failure to pay the reinstatement fee and outstanding amounts due within the Reinstatement Period will be deemed a termination notice by Customer, and Xxxxx.xx will have the right to terminate this LSA without further notice. Customer acknowledges any payment returned unpaid, rejected, or denied, Xxxxx.xx reserves the right to collect any applicable return item, rejection, or insufficient funds fee to the maximum extent permitted by law and to process any such fees as an Electronic Payment or invoice Customer for the amount due, as applicable.
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Default for Nonpayment. Nonpayment of any amount due under this Agreement beyond ninety (90) days following written notice to Licensee shall constitute a material default of this Agreement.
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Default for Nonpayment. Nonpayment of any undisputed amount due under this Agreement beyond ninety (90) calendar days shall constitute a material default of this Agreement. Failure to pay or otherwise resolve a dispute within six (6) months of the date of Licensee’s notice of dispute to the Town pursuant to Paragraph 3.6 above regarding any amounts invoiced under this Agreement shall constitute a material default of this Agreement by Licensee.
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Default for Nonpayment. If Customer is in default of any of its payment obligations under this Agreement and such default is not cured within 5 business days of Customer's receipt of written notice of such breach, then Supplier may in its sole discretion do any or all of the
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Default for Nonpayment. Nonpayment of any amount due under this Wireless Installation Agreement beyond sixty (60) days shall constitute a material default of this Wireless Installation Agreement.
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Default for Nonpayment. Nonpayment of any undisputed amount due under this Agreement beyond ninety (90) days shall constitute a material default of this Agreement. If an amount is disputed in good faith by either Party, it shall not form the basis for a declaration of material default until the disputed is resolved.
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Related to Default for Nonpayment

  • Allocation of Payments After Event of Default Notwithstanding any other provisions of this Credit Agreement, after the occurrence and during the continuance of an Event of Default with respect to any Borrower, all amounts collected from such Borrower or received by the Administrative Agent or any Lender on account of amounts outstanding under any of the Credit Documents shall be paid over or delivered as follows: FIRST, to the payment of all reasonable out-of-pocket costs and expenses (including without limitation reasonable outside attorneys’ fees other than the fees of in-house counsel) of the Administrative Agent or any of the Lenders in connection with enforcing the rights of the Lenders under the Credit Documents against such Borrower and any protective advances made by the Administrative Agent or any of the Lenders, pro rata as set forth below; SECOND, to payment of any fees owed to the Administrative Agent or any Lender by such Borrower, pro rata as set forth below; THIRD, to the payment of all accrued interest payable to the Lenders by such Borrower hereunder, pro rata as set forth below; FOURTH, to the payment of the outstanding principal amount of the Loans or Letters of Credit outstanding of such Borrower, pro rata as set forth below; FIFTH, to all other obligations which shall have become due and payable of such Borrower under the Credit Documents and not repaid pursuant to clauses “FIRST” through “FOURTH” above; and SIXTH, the payment of the surplus, if any, to whoever may be lawfully entitled to receive such surplus. In carrying out the foregoing, (a) amounts received shall be applied in the numerical order provided until exhausted prior to application to the next succeeding category and (b) each of the Lenders shall receive an amount equal to its pro rata share (based on each Lender’s Commitment Percentages) of amounts available to be applied.

  • Interest After Default To the extent permitted by Law, upon the occurrence of an Event of Default and until such time such Event of Default shall have been cured or waived, and at the discretion of the Administrative Agent or upon written demand by the Required Lenders to the Administrative Agent:

  • Event of Default Defined; Acceleration of Maturity; Waiver of Default Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

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